MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 11, 2010 Intrinsic Value Gains Neuberger's Attention Neuberger Berman launched a new old fund today. The Neuberger Berman Intrinsic Value Fund "seeks long term growth of capital" by investing "mainly in common stocks of small- and mid-capitalization companies." It appears that the fund succeeds a prior Neuberger product, an "unregistered limited partnership" called the DJG Small Cap Value Fund (which dates back, in one form or another, to 1997). The Fund offers: A shares, with a maximum 575 basis-point initial sales charge and 136 bps in total annual operating expenses; C shares, with a maximum 100 bps contingent deferred sales charge and 211 bps in total annual operating expenses; and I shares for 100 bps in total annual operating expenses. Shareholders of the predecessor DJG fund gained I shares of the new mutual fund on Friday. Managing director Benjamin Nahum, who managed the predecessor DJG fund since its launch in 1997, co-manages the new mutual fund alongside two of the DJG fund's analysts, senior vice president James McAree and senior vice president Amit Solomon. Printed from: MFWire.com/story.asp?s=32174 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |